Relief for long-term borrowers may be short as Fed aims to hike rates to 5.6% this year

Canadians seeking long-term mortgages may feel the impact as the influential Federal Reserve holds off on another rate hike. But any break will likely be short-lived as the Fed committee suggests another half-point hike will be needed to get inflation under control.

source https://www.cbc.ca/news/business/fed-core-column-don-pittis-1.6875879?cmp=rss